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Sep 26, 2012
09/12
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but while this is all good news for an economy that hasn't had much of it lately, morningstar economist robert johnson says the market still has to make up a lot of lost ground. >> if you look at housing starts at the peak we were over two million starts. i'd say based on population the number should have been about a million and a half. now we're down around 750,000 in terms of housing starts so we're kind of half of what i view as normal. >> reporter: one wild card for builders is the ongoing uncertainty about the bush tax cuts. subkowiak says if those tax cuts aren't extended some potential buyers could put a hold on buying a new house. diane eastabrook, "n.b.r.," hinsdale, illinois. >> tom: we saw two discouraging reports today from the c-suite, from top corporate executives. in separate surveys, both chief executive officers and chief financial officers are losing optimism. and both have dialed back hiring expectations. this stands in contrast to a report just yesterday from the conference board indicating consumers are more hopeful about their job prospects. the "deloitte c.f.o. s
but while this is all good news for an economy that hasn't had much of it lately, morningstar economist robert johnson says the market still has to make up a lot of lost ground. >> if you look at housing starts at the peak we were over two million starts. i'd say based on population the number should have been about a million and a half. now we're down around 750,000 in terms of housing starts so we're kind of half of what i view as normal. >> reporter: one wild card for builders is...
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Sep 27, 2012
09/12
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and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the stump. so right now, we're just trading harvest and what we think, and ultimately what we think the crop will be when we pull it out of the ground. >> reporter: scott, thanks so much. >> all right. thank you. >> tom: tomorrow, "politics in the pits" continues from chicago's livestock trading pits-- presidential politics, cattle, and pork bellies. the securities and exchange commission is taking a closer look this fall at the systems and computer programs brokerage firms use to place orders. the move comes after the big trading trouble at knight cap
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the...
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Oct 1, 2012
10/12
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for its past 30 years we've been shifting from a w-2 economy to a 1099 economy. in other words, more and more companies are using contract workers and consultants to get things done. and that represents a huge opportunity for people with experience and expertise. and best of all, you don't have to ask anyone's permission to get started. you know, it's true that self-employment can be difficult. it involves more risk, and it can take awhile to get invested-- established. but it also offers incredible rewards like higher hourly rates and complete independence. and with social media revolutionizing the field of personal branding, it's never been easier to position yourself as an expert in your industry. and that adds up to a great way to get your life back on track while helping our sluggish economy at the same time. i'm patrick-- . >> tom: that is nightly business report here that's nightly business report for monday, october 1. have a great evening everyone, and you too tom. >> tom: goodnight susie, we'll see you online at: www.nbr.com and back here tomorrow night
for its past 30 years we've been shifting from a w-2 economy to a 1099 economy. in other words, more and more companies are using contract workers and consultants to get things done. and that represents a huge opportunity for people with experience and expertise. and best of all, you don't have to ask anyone's permission to get started. you know, it's true that self-employment can be difficult. it involves more risk, and it can take awhile to get invested-- established. but it also offers...
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Sep 27, 2012
09/12
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so as to make the economy more vibrant and society more just. and this was a tough treatment which, by the way, i think is not over. >> rose: for italy? >> for italy, yes. >> rose: the focus today is, obviously, on spain. >> yes. >> rose: what's going to happen? >> spain is doing very deep and serious things in terms of budgetary control, and in terms of statutory reforms. i think spain is decidedly on the right path. and we'l will come out of it. and will come out ey-- i mean ce out of the risky zone. and you see italy, spain, it's important to look at each of our countries individually, and it is also important to see clearly that we are all part and parcel of a wider thing call the euro zone and the european union. and it's not enough-- it is imperative, but it's not enough that each of our countries puts its own house in order. we also need to have a better governance of the whole, not only of the parts. and this is happening month after month because the european union as a whole is improving, is now more aware than it was one year ago, say
so as to make the economy more vibrant and society more just. and this was a tough treatment which, by the way, i think is not over. >> rose: for italy? >> for italy, yes. >> rose: the focus today is, obviously, on spain. >> yes. >> rose: what's going to happen? >> spain is doing very deep and serious things in terms of budgetary control, and in terms of statutory reforms. i think spain is decidedly on the right path. and we'l will come out of it. and will...
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Oct 3, 2012
10/12
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and what i can tell you is our experience is we have strangled our economy. so our debt is going up, when your economy shrinks by definition your debt to gdp ratio, your debt to national income ratio goes up instead of down. >> when we come to the euro zone before i leave it, it will survive intact? >> i think it will, yes. the bad news is, it is going to muddle along, not come soaring forward. >> and to cam forward, soaring forward it has to do what? >> it has to two do two things it has to mutualize debt so the confidence we have talked about earlier. >> mutualized debt means everybody -- >> there is joint and several liability for debt in the currency zone and the truth is, greece is two percent of the euro zone economy. >> right. >> and it should never have been allowed to become a threat to the global economy, and it has become a threat to the global economy, because it is not clear the other countries of the euro -- >> paying back part of greek's debt. >> yes the short answer there is no escape from sharing the burden -- >> you are a politician in germa
and what i can tell you is our experience is we have strangled our economy. so our debt is going up, when your economy shrinks by definition your debt to gdp ratio, your debt to national income ratio goes up instead of down. >> when we come to the euro zone before i leave it, it will survive intact? >> i think it will, yes. the bad news is, it is going to muddle along, not come soaring forward. >> and to cam forward, soaring forward it has to do what? >> it has to two do...
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Oct 2, 2012
10/12
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>> the economy has to get better. we've had this in the summer for the past two or three years in a row, and every economy rebounds. if we're going to have a rebound in the holiday season, that could be great and help to put people back to work, and allow them to spend a little bit more freely. we also have a long holiday season. november starts out on a thursday, which means thanksgiving comes early as it can come, and the most space between thanksgiving and christmas to get the spending n. >> susie: a few more shopping days in there. thanks, bob. nice to talk to you. robert brusca, chief economist. >> tom: in europe, spain's >> tom: in europe, spain's prime minister dashed hopes the country will ask for a bailout soon. that request would help trigger the european central bank's latest bond-buying program, seen by investors as helpful for the markets. here in the u.s., the dow lost almost 33, the nasdaq gained 6.5, and not much change for the s&p; it's up about a point. >> reporter: i'm darren gersh. still ahead, bot
>> the economy has to get better. we've had this in the summer for the past two or three years in a row, and every economy rebounds. if we're going to have a rebound in the holiday season, that could be great and help to put people back to work, and allow them to spend a little bit more freely. we also have a long holiday season. november starts out on a thursday, which means thanksgiving comes early as it can come, and the most space between thanksgiving and christmas to get the spending...
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Oct 4, 2012
10/12
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in spite of the weak economy, there are many firms that cannot fill positions. erika miller went to one soho building where firms gripe they can't hire as fast as they want. >> i've been working here for 221 hours. >> reporter: keith blanchard is one of the newest hires at thrillist, a media company targeting young, hip, urban men. three million subscribers get a daily email with recommended places to eat, drink, and have fun. >> i'm here because this is just a fantastic place, full of smart people, really motivated and just moving the needle on what the future can be. >> reporter: the soho-based firm was co-founded seven years ago by ben lerer. the firm nearly doubled in size this year to 215 employees and counting. there are openings for engineers, social media gurus, merchandisers, salespeople.. videographers, and more. so why, in this weak job market, are there so many open positions? >> there are plenty of people with the right experience, but we have a very specific sort of work hard/play hard culture here that is really right for some people and really no
in spite of the weak economy, there are many firms that cannot fill positions. erika miller went to one soho building where firms gripe they can't hire as fast as they want. >> i've been working here for 221 hours. >> reporter: keith blanchard is one of the newest hires at thrillist, a media company targeting young, hip, urban men. three million subscribers get a daily email with recommended places to eat, drink, and have fun. >> i'm here because this is just a fantastic...
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Sep 27, 2012
09/12
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it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity measures are widely seen as paving the way for a full-scale bailout. >> [spending -- speaking spanish] >> the minister of finance said he heard 2012 would be the last year the economy would shrink. another minister described it as a crisis budget designed to exit the crisis. this austerity budget aims to find savings of 40 billion joerres next year. each government department would how to make cuts of 90%. public-sector pay will be frozen for another year, and the retirement age is set to rise. >> just a few weeks ago, europe believed it had achieved a breakthrough. the european central bank said it would help come -- countries like spain by buying their bonds and reducing their borrowing costs. but there was a catch, sp
it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity measures are widely seen as paving the way for a full-scale bailout. >> [spending -- speaking spanish] >> the minister of finance said he heard 2012 would be the...
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Sep 28, 2012
09/12
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being such a creative economy. for example, energy prices have fallen a lot. and there are some other things you can count to on the upside. but so far businesses have been very reluctant to invest heavily, very reluctant to hire heavily. >> muhamed el-erian what do you see-- when you look at all this data coming in, what is most important to you? >> a few things. first the employment picture. and not just whether we're creating jobs or not. that's important. but also what's happening to those who remain unemployed. and that is a pretty worsening picture. that's why i call 2 a crisis. because long-term unemployment is really high. and youth unemployment is really high. and these are longer-term issues that we need to deal with. so the employment picture is very important. second, clarity for businesses. today no one has the confidence to invest. there is a ton of money, judy, on the sideline, a ton of money. and if we can engage that money in the system would be great. and third as ken rightly said, the global economy. we are facing he is vore headwinds. so a
being such a creative economy. for example, energy prices have fallen a lot. and there are some other things you can count to on the upside. but so far businesses have been very reluctant to invest heavily, very reluctant to hire heavily. >> muhamed el-erian what do you see-- when you look at all this data coming in, what is most important to you? >> a few things. first the employment picture. and not just whether we're creating jobs or not. that's important. but also what's...
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Oct 1, 2012
10/12
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there's growing evidence that international sanctions over tehran's nuclear program are damaging the economy. now to the presidential race here in the u.s. and both mitt romney and barack obama are busy swatting up and rehearsing for the first television debate this wednesday. polls show the republican candidate is trailing president obama in the crucial swing states. one of them is of course ohio where early voting gets under way tomorrow. from there our north america editor reports. >> ♪ the boys are back in town ♪ >> the boys are indeed back in town yet again. they call this the buckeye state for the men who are fighting for the white house it's a state to suck up to, whether it's buying the local produce. >> i'm thinking we are going to be eating some corn over the weekend. >> or urging minors to phone a friend. >> want you to find one person to convince to vote for our ticket. >> both candidates are well aware in the last election in the last 44 years ohio has voted for the winning candidate so the politicians woo voters. >> we can create one million new manufacturing jobs in the ne
there's growing evidence that international sanctions over tehran's nuclear program are damaging the economy. now to the presidential race here in the u.s. and both mitt romney and barack obama are busy swatting up and rehearsing for the first television debate this wednesday. polls show the republican candidate is trailing president obama in the crucial swing states. one of them is of course ohio where early voting gets under way tomorrow. from there our north america editor reports. >>...
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Sep 26, 2012
09/12
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and making sure the economy is strong. >> woodruff: dorothy stoneman, the founder of the non-profit youthbuild usa - says young people from disadvantaged backgrounds are more apt to base their vote on their immediate circumstances. >> in 2008 they had this hope, they did believe in hope and change, i think some of them are now disappointed because they got their hopes up so high and they haven't seen the kind of change that they imagined. they're not mad, they're disappointed, they're not sure, so they're confused about what does it take to change, which they know their neighborhoods need. >> woodruff: back in columbus, only miles from ohio state university, shannon follins worries about her neighborhood. follins who was pregnant at 16, now has two children, works an overnight shift at the waffle house and attends classes during the day. she will vote for the president because she thinks he is more in touch with the needs of her community and her children. >> i don't want my son growing up to be no gang banger shooting people or in and out of prison i don't want my daughter to be a
and making sure the economy is strong. >> woodruff: dorothy stoneman, the founder of the non-profit youthbuild usa - says young people from disadvantaged backgrounds are more apt to base their vote on their immediate circumstances. >> in 2008 they had this hope, they did believe in hope and change, i think some of them are now disappointed because they got their hopes up so high and they haven't seen the kind of change that they imagined. they're not mad, they're disappointed,...
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this face-off will focus heavily on domestic policy and the economy. he called hoover dam breathtaking. the race is close with president obama leading romney by 3%. we have to get jobs again in this country. ohio senator robb portman vice- presidentvice president joe biden goofed up talking about taxes on the middle class. >> the middle class has been buried for the last four years. >> buried, we agree that means we need to stop digging by electing romney the next president of the united states. the republican ticket quick to adopt ryan's slogan. a suburban cop is in and the royal treatment in england and other european countries today they say he helped him win the ryder cup. we are in the car and i let him know don't worry about it i will get you there on time. pat roland's was the man behind the wheel and today he is being held a hero in europe. profiled on the bbc even in european news anchors credited with giving mcelroy to the final cut on the final day. he was staying here at the hotel in lumbar with all of the other players from team europe and
this face-off will focus heavily on domestic policy and the economy. he called hoover dam breathtaking. the race is close with president obama leading romney by 3%. we have to get jobs again in this country. ohio senator robb portman vice- presidentvice president joe biden goofed up talking about taxes on the middle class. >> the middle class has been buried for the last four years. >> buried, we agree that means we need to stop digging by electing romney the next president of the...
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Oct 2, 2012
10/12
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tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback considers whom he should pass the ball to. checking down one receiver after another, find out who's open. who can score. and then hits him while he's uncovered. the best quarterbacks have a list in their heads about who to go to first, second, third, fourth, sometimes even fifth. money managers perform the same check down too. we just don't call it that. you can follow along at action alerts plus, and i do it for this show as i search for ideas that have enough merit to be noted on "mad money." how does it work? okay, today's the beginning of a new quarter but what like to do at the start of the quarter is look at the win
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback...
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he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our unemployment rate of 8.1% currently is really about the same as it was in january. we're really not making progress, at least not this year. so our concern is not really a recession, our concern is growth will continue but at a pace that's insufficient to put people back to work. >> reporter: he says inflation rates have been on target, though the federal reserve continues to watch that, and that the fed has the tools to unwind and watch inflation. ashley? ashley: yeah, interesting session today with mr. bernanke in indianapolis. rich, thank you very much. let's go to adam shapiro in the studio. adam, we'r
he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our...
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Oct 2, 2012
10/12
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tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jim cramer at tweeter. have a question? send him a tweet or send him an e-mail or give us a call. 1800-743-cnbc. miss something? head to madmoney.cnbc.com. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks tough stains and kills 99.9% of germs. new lysol power & free. powerful cleaning that's family friendly. another step forward in our mission for health. laura's being healthy and chewing her multivitamin. introducing one-a-day vitacraves for women! finally, a great-tasting gummy multivitamin designed... for women with more calcium and vitamin d. it's gummies for grown-ups. new one-a-day vitacraves for women. it's gummies for grown-ups. chances are, you're not made of money, so
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jim cramer at tweeter. have a question? send him a tweet or send him an e-mail or give us a call. 1800-743-cnbc. miss something? head to madmoney.cnbc.com. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the...
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Oct 1, 2012
10/12
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tonight, cramer is talking to the ceo to get a real read on the economy. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> it is time, it's time for the lightning round. and then the lightning round is over. are you ready? time for the lightning round. yolanda in new york. >> caller: hi, cramer. how are you? >> great. >> caller: my husband and i watch you all the time and we think you're great. >> thank you. >> caller: we have co
tonight, cramer is talking to the ceo to get a real read on the economy. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal...
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up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is no he is right to say that, usually don't you hold the incumbent accountable for the economic woes we are facing? ashley: he blamed the previous president. >> to my point, if the middle class is hurting, i think you hold the incumbent accountable. i don't believe romney has proposed raising taxes on on the middle class, he is raising reckless tax cuts. that i would support. >> the answer, the argument really is who do you trust to make thebetter going forward? it seems the president is winning that argument. ashley: perhaps he has been very successful in business, could be a
up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is no he is right to say that, usually don't you hold...
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Sep 29, 2012
09/12
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FBC
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this is the worst economy since the great depression. we're beginning to get, crawl out from underneath it. the economy here in phoenix is getting a little better but there are still a lot of people that used to be solidly middle class living under very difficult circumstances. including many who thought they would never be living on food stamps are living on food stamps n any government program there is small amount of abuse. that is the vast minority of people. the vast majority of people are need a program to help them get through difficult times on a temporary basis. after this economy turns around they will be fully employed. i hate to criticize a program because there are some people abuse it. the vast majority of people are good, hard-working people that need it. i can only tell you if you play by the rules, under the food stamp program you don't get a lot, at least for food. the ones i'm really thinking about during last week were kids. i mean, skip a few meals, it is kids living through it. melissa: nobody wants kids to go hungr
this is the worst economy since the great depression. we're beginning to get, crawl out from underneath it. the economy here in phoenix is getting a little better but there are still a lot of people that used to be solidly middle class living under very difficult circumstances. including many who thought they would never be living on food stamps are living on food stamps n any government program there is small amount of abuse. that is the vast minority of people. the vast majority of people are...
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Sep 29, 2012
09/12
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that's not only good for those families; it's also good for our economy. when folks are spending less on mortgage payments, they're spending more at local businesses. and when those businesses have more customers, they start hiring more workers. but we can do even more if congress is willing to do their part. back in february i sent congress a plan to give every responsible homeowner the chance to save about $3,000 a year on their mortgages by refinancing at lower rates. it's a plan that has the support of independent, nonpartisan economists and leaders across the housing industry. but republicans in congress worked to keep it from even getting to a vote. and here we are -- seven months later -- still waiting on congress to act. this makes no sense. last week, mortgage rates were at historic lows. but instead of helping more and more hardworking families take advantage of those rates, congress was away on break. instead of worrying about you, they'd already gone home to worry about their campaigns. the truth is, it's going to take a while for our housing m
that's not only good for those families; it's also good for our economy. when folks are spending less on mortgage payments, they're spending more at local businesses. and when those businesses have more customers, they start hiring more workers. but we can do even more if congress is willing to do their part. back in february i sent congress a plan to give every responsible homeowner the chance to save about $3,000 a year on their mortgages by refinancing at lower rates. it's a plan that has...
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Sep 30, 2012
09/12
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high unemployment, a lot of uncertainty about the future of the economy. we have uncertainty about the future of the country, allies who are very uncertain about us and some who are deserting us. we have lots of american prestige abroad. an entity that says a disaster in an attempt to kill bin laden, that would be the pivot point. she was concerned about the politics and reelection possibility. hillary clinton, petraeus,, panetta are concerned about missing an opportunity. this is a guy who killed 3000 americans. if america ever learned was how to mentor sites and pull the trigger. >> that to the leadership quotient comes down. just go right. >> host: the president's decision early on was certainly something readers could understand. what would happen afterwards i think was really quite striking. here again perhaps even fingerprints of valerie garrett? >> guest: perhaps. imam's body has splashed out the back only hours before. and now, here's the president of the united states racing to the television cameras to tell the world. the intelligence and militar
high unemployment, a lot of uncertainty about the future of the economy. we have uncertainty about the future of the country, allies who are very uncertain about us and some who are deserting us. we have lots of american prestige abroad. an entity that says a disaster in an attempt to kill bin laden, that would be the pivot point. she was concerned about the politics and reelection possibility. hillary clinton, petraeus,, panetta are concerned about missing an opportunity. this is a guy who...
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Oct 4, 2012
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number three is to grow the economy. if more people work, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. the problem is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what would i come from spending? i would eliminate all programs by this test if they do not pass it. is is so critical it is worth borrowing money from china to pay for? if not, i would cut it. obamacare is on my list. i use that term with all respect. >> i love it. >> i will stop subsidies to pbs. i will not keep spending money on things to borrow money to pay for it. i will take programs that are currently good programs, but if you run more efficiently at the state level. number three, i will make government more efficient and cut back the number of employees. i will combine some agencies and departments. cutbacks will be done through attrition. this is the approach we need to take to balance the bu
number three is to grow the economy. if more people work, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. the problem is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what would i come from spending? i would eliminate all programs by this test if they do not pass it. is is so critical it is worth borrowing money from china to pay for? if...
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Oct 2, 2012
10/12
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CNBC
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economy phil la superbowl behind the wheel for us. i want to ask you, look on at the on year numbers, don't look barked the on month numbers, tells a different story, doesn't it? >> yeah. month to month has been different than year-over-year, year-over-year, looking at gains between 11 and 12%. look at the numbers for the month of september. um see better-than-expected numbers, generally speaking, hay cross the board. toyota coming in, gain of 41.5%. better than expected, as was honda and chrysler. gm and ford roughly in line with expectation. we mentioned toyota. the reason so many people are focused on toyota is because the gains picked up in the last couple of months for them. that company ford narrowed considerably, only 3,000 vehicle sales behind ford. an expanded lineup, 103% is substantial. i want to look at the big three market share. we crunched these numbers and you can see that there is a bit of a gain last year, the problems with honda and toyota well documented. this year, as two automatics have come back, seen the big th
economy phil la superbowl behind the wheel for us. i want to ask you, look on at the on year numbers, don't look barked the on month numbers, tells a different story, doesn't it? >> yeah. month to month has been different than year-over-year, year-over-year, looking at gains between 11 and 12%. look at the numbers for the month of september. um see better-than-expected numbers, generally speaking, hay cross the board. toyota coming in, gain of 41.5%. better than expected, as was honda and...
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Sep 29, 2012
09/12
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CSPAN
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Sep 30, 2012
09/12
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CNNW
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, in his understanding of what's missing right now in the economy, what -- you know, the pieces that are missing to get this jump started, so for me i think it would just be the emotional part of it. >> i can make him mad. i'm probably one of the few people who can really make him mad. >> how do you make him mad? >> any number of ways. >> okay. so interesting. are these wives helping or, you know, hurting their husbands in this buildup to the election? >> well, they're definitely helping with their public image because they're the most likable parts of each ticket really, but i feel as though they could be helping a lot more because that ann romney clip continued to her saying that the only thing she's concerned about is if romney wins, she's concerned about his mental well-being. so you might not want to question the mental health of your husband who you're asking everybody to elect as leader of the free world, and michelle obama i feel like she can probably privately -- i think the biggest thing they can do to help their husbands is privately encourage them to be more of who they a
, in his understanding of what's missing right now in the economy, what -- you know, the pieces that are missing to get this jump started, so for me i think it would just be the emotional part of it. >> i can make him mad. i'm probably one of the few people who can really make him mad. >> how do you make him mad? >> any number of ways. >> okay. so interesting. are these wives helping or, you know, hurting their husbands in this buildup to the election? >> well,...
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Sep 26, 2012
09/12
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WMAR
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. >>> the economy is in the tank. but this morning the nfl replacement referees. [audio not understandable] >> a doctor is offering help when it comes to aphysical ating the games. [ harry umlaut ] here we go. [ sally umlaut ] what? the five stages of muller. ah yes... stage one: suspicion. "it's a yogurt, how good can it be?" stage two: revision. "actually, this ain't bad." stage three: surprise! "look at this cool cornery thing! i love this stuff!!" stage four: desolation. "it's gone!" stage five: anticipation "i guess i could always have another"... "have you been through the five stages of muller yet?" "yeah, just now." [ male announcer ] muller. the european for yummy. >>> no o's magic last night at yard shut out by the blue jays final score 4-0. >> as the team sets its sights on the post season scammers are gathering up -- shall gearing up. -- gearing up. what should people be looking out for. >> reporter: any fan chance a be -- wants a chance to go to the post he season so scammers are capitalizing on counterfeit. wide card and divisional series games are s
. >>> the economy is in the tank. but this morning the nfl replacement referees. [audio not understandable] >> a doctor is offering help when it comes to aphysical ating the games. [ harry umlaut ] here we go. [ sally umlaut ] what? the five stages of muller. ah yes... stage one: suspicion. "it's a yogurt, how good can it be?" stage two: revision. "actually, this ain't bad." stage three: surprise! "look at this cool cornery thing! i love this...
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Sep 27, 2012
09/12
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KPIX
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. >> most voters identify the economy and jobs as the number- one issue this election year. in this poll all three swing states, pennsylvania, ohio, in florida, have a majority of voters choosing the president as their man to lead the charge. something we have not seen before. >> we noticed that he has managed to weather the concern about the economy largely because mitt romney has not convinced people that he will be a preferable alternative. >> he is a presidential campaign strategist and has worked with both bill clinton and hillary clinton as well as al gore and he says that it is not over yet. >> particularly in the age of replacement referees that we're seeing in the nfl, the obama campaign should not be celebrating in the end zone to early. >> but he believes that it will be tough to recover after mitt romney was seen talking about a 47 percent who do not pay federal income taxes in a secret recording. >> last week for mitt romney will arguably go down as one of the worst weeks a presidential candidate has had in modern history, objectively speaking. he began the week
. >> most voters identify the economy and jobs as the number- one issue this election year. in this poll all three swing states, pennsylvania, ohio, in florida, have a majority of voters choosing the president as their man to lead the charge. something we have not seen before. >> we noticed that he has managed to weather the concern about the economy largely because mitt romney has not convinced people that he will be a preferable alternative. >> he is a presidential campaign...
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Sep 26, 2012
09/12
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CSPAN2
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the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that, is that under the current law there would be a dramatic tightening equal to about 4% of gdp. that's what is, refer to as the fiscal cliff. and that is good. it entails a contraction of 2% of gdp, and that is not good at all, especially if you consider the forecast of growth of the united states is pretty much in the range of 2%. so that is a racing any growth in the united states, would be the consequence of not dealing with the fiscal cliff and not dealing with the debt ceiling, which are both looming threats on the very short-term horizon. and it's not a threa
the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that,...
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Sep 30, 2012
09/12
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CSPAN
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create implodes, economy in crisis. for years folks had been lured into buying homes they couldn't afford so their mortgages were under water, banks weren't lending, companies weren't hiring, the auto industry was in crisis. this economy was losing 800,000 jobs every month. 800,000 jobs every month. and a lot of folks whether we were headed for a great depression. see, now that's what barack faced on day one as president of the quiet. but instead of pointing fingers and placing blame, your president got to work. [applause] he was thinking about us. about folks like my dad and like his grandmother and that's why he cracked down on lending adduce -- abuses so today when folks apply for a mortgage or credit card you know exactly what you're getting in to. that's why he cut taxing for families and small businesses. balls we believe that teachers and firefighters should not be paying higher tax rates than millionaires and billionaires, not in america. [applause] he got the all the industry back on its feet and today new cars
create implodes, economy in crisis. for years folks had been lured into buying homes they couldn't afford so their mortgages were under water, banks weren't lending, companies weren't hiring, the auto industry was in crisis. this economy was losing 800,000 jobs every month. 800,000 jobs every month. and a lot of folks whether we were headed for a great depression. see, now that's what barack faced on day one as president of the quiet. but instead of pointing fingers and placing blame, your...
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Oct 1, 2012
10/12
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CSPAN2
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the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as conservative economics. it's opening the horizon to the economy to human creativity. and human creativity always comings as a surprise to us. you can't plan it. if you get k plan it, you wouldn't need it. >> can p mitt romney use the phrase politically supply side economics. i think he could if he says that he's reviving the reagan administration. the book was quoted more by -- president reagan most quoted author. he quotedded the book regularly throughout the administration. and reagan didn't balance the budget. he had actually during the reagan adminis
the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as...
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economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to stay the course. one, if not stocks, then what? money market yields have never been lower. corporate bond rates have never been lower. junk bonds have never been lower. there's not very many good options. with the interest rates seem to be poised to stay low for a long time, i think stocks look pretty good. >> thank you for being with us. you weren't that much of a buzz kill. it is three days to go until the first -- excuse me -- thh first presidential debate. be sure to stay with fox business for all that coverage. neil cavuto is li
economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to...
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Sep 28, 2012
09/12
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CSPAN
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he talked about the economy. what he has going for him is the record of balancing the budget and having a budget surplus. that was a moment in time when bill clinton was overseeing this great country when we were in the dot.com boom. it was a new era. were very vibrant. he oversaw a balanced budget and a budget surplus, giving him that kind of credibility in terms of economics. i was talking to bill clinton about the fiscal cliff. i said straight out to him -- what do you think about the fiscal cliff? first he entered something political. "does that mean the tax cut should be extended?" he was backed into a corner. he said everything should be extended. we ran that interview. an e-mail said he had to retract something that he said. "what are you retracing?" "the tax cuts should be extended for people making under $250,000 ." the obama people call the clinton people and said you need to go out and take that statement backed . it was a pretty big brouhaha. bill clinton things everything should be extended. , i dide
he talked about the economy. what he has going for him is the record of balancing the budget and having a budget surplus. that was a moment in time when bill clinton was overseeing this great country when we were in the dot.com boom. it was a new era. were very vibrant. he oversaw a balanced budget and a budget surplus, giving him that kind of credibility in terms of economics. i was talking to bill clinton about the fiscal cliff. i said straight out to him -- what do you think about the fiscal...
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Sep 29, 2012
09/12
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CNN
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we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected officials. >>> don't go away, we will talk about the middle class itself and why your trip to the mall this weekend may be subsidizing your own demise. st plug is into, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought he
we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected...
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and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies of made things worse the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will have very much effect and so i don't think at the moment they're doing anything very much to help because there's an awful lot of talk about prioritizing the economy and it's the main thing that we have to work on but then on the same time you say that not very much is being done at all one thing is that they're blaming everyone but themselves first of all it was it was the euro crisis then it was the high high commodity rise in commodity prices and so they claim that the policy of a stereo should bring about the recovery but that it's been derailed by these unfortunate acts shocks but the pol
and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies of made things worse the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will...
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country is at a crucial point and this is and election it could be largely determined based on the economy we do want to talk about what the outcomes could be and what it means for the economy especially christine it is an anniversary today four years ago on this date george w. bush signed tarp into law so there was a lot to reflect on and a lot to think about looking forward and we have gerald celeb trends forecaster to help tell us what he sees general that's one man who never hold his tongue and yeah the debate should be interesting focusing mostly on domestic issues i don't doubt that the economy will come up quite a bit more in leicester thanks so much q that's going to do it for now but for more on the stories we covered go to youtube dot com slash r t america or our website r t v dot com slash usa and you can follow me on twitter at christine for example. culture is that so much of it taxpayers' money i mean was it here in the real nigerian let me call it austerity reeling from one crisis to another the western world has come to the rescue of the banking and financial sectors the. m
country is at a crucial point and this is and election it could be largely determined based on the economy we do want to talk about what the outcomes could be and what it means for the economy especially christine it is an anniversary today four years ago on this date george w. bush signed tarp into law so there was a lot to reflect on and a lot to think about looking forward and we have gerald celeb trends forecaster to help tell us what he sees general that's one man who never hold his tongue...
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Oct 2, 2012
10/12
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FOXNEWS
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how is the economy doing? >> nancy collins out with her dog buttercup says ideally she wants a candidate who shares her family values but says economic issues trump everything else. >> i don't like where we are right now and i don't agree the policies considering them happening here. but we came out of the worst economy. in how many years? i don't know if anybody could have fixed it. >> bret: are you driven to vote one way? have you decided yet? >> i decided. >> bret: can i ask you? >> sure. i am definitely going to vote for romney. the change will be good. >> economy at the top of my list. if that is strong, even is strong. >> helen rice, owns an artisan market in littleton. she is anxious to see how president obama talks about the country's economic future over the next four years. >> i feel as a business owner the economy is still kind of shaky. it wouldn't take a lot to make that real unstable. but i feel like we made progress in the last four years. >> what factors in for her? >> i care about the middle c
how is the economy doing? >> nancy collins out with her dog buttercup says ideally she wants a candidate who shares her family values but says economic issues trump everything else. >> i don't like where we are right now and i don't agree the policies considering them happening here. but we came out of the worst economy. in how many years? i don't know if anybody could have fixed it. >> bret: are you driven to vote one way? have you decided yet? >> i decided. >>...
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broadening divergences between the different economies. so we have to put the focus on. you know if you can but if it is a situation of did you feel in your area covers the pulpit of greece. that since we will join you. at the beginning of. your era. in terms of if. it was. not feasible in the future oriented way if a company. and huge. divergence is as far as you can only come but it is a skin cell so we have to focus both. consolidation on the improvement of the competitive situation of the states. kerry. as the press calls and we'll be back in a minute after we take the small banks out stay with us continue. the mission. critique a should be free. for chargers free. range month free. free. to tide free. download free broadcast quality video for your media projects free media and don hearty. good laboratory to mccurry was able to. building a new. mission to teach creation. this is why you should care only. british. market. find out what's really happening to the global economy with. the global financial headlines. and realized. welcome to the big picture. welcome back
broadening divergences between the different economies. so we have to put the focus on. you know if you can but if it is a situation of did you feel in your area covers the pulpit of greece. that since we will join you. at the beginning of. your era. in terms of if. it was. not feasible in the future oriented way if a company. and huge. divergence is as far as you can only come but it is a skin cell so we have to focus both. consolidation on the improvement of the competitive situation of the...
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Sep 26, 2012
09/12
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CNNW
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it reminds me of president obama and the economy. if you can't get it right, it's time to get out. >> paul ryan called those refs out today. are you glad that he did that? >> that's just fine. paul was very angry that the green bay packers, he believes, won, and the referees took it away from them. >> a lot of packers fans were upset about that. the democrats also throwing a flag at the replacement refs. listen to former president bill clinton breaking down monday night's controversial play and sounding a lot like an nfl analyst. watch. >> football game, no, i did not think it was a touchdown. i thought the pass was intercepted. i thought that the defender hit the ground before there was joint possession. and yes it means that we need to get the strike over and get more experienced people in there. >> obviously very serious about that story. the president had something to say, too, watch your screen, barack obama tweeting, quote, nfl fans on both sides of the aisle hope the refs' lockout is settled soon. and he calls the call terribl
it reminds me of president obama and the economy. if you can't get it right, it's time to get out. >> paul ryan called those refs out today. are you glad that he did that? >> that's just fine. paul was very angry that the green bay packers, he believes, won, and the referees took it away from them. >> a lot of packers fans were upset about that. the democrats also throwing a flag at the replacement refs. listen to former president bill clinton breaking down monday night's...
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and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cas injection and it sounds like a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in one way or another. then i think that gives a boost to the economy because they could even increase their spending and therefore
and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private...
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Sep 30, 2012
09/12
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WJLA
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economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there is no agreement because they are losing federal dollars of the federal programs that are going away. we will see more unemployment. the defense companies will have to notify workers in the next couple of weeks. how important is this? >> it is a tempory drag in t the economy. i honestly think of l of the things that will not happen is the chance of getting both unds of spending cuts, including the massive defense cuts is slight. i think it will
economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about...